Market News » Top End


Cash is Why

Cash is Why
It’s 6.00 pm on Saturday, the first of 3 weeks in our May 100 Auction test. It played out to an expected script, with a near cold 63% clearance rate on family homes over $2 million and the James Bidderman is a consistently chilly 1.3 (bidders per auction), on what are relatively low stock levels for a “normal” May. Look at the [...]
A time to think if you want the ink!

A time to think if you want the ink!

Contents: 1. Buy/Sell – 17 Chelsea Brighton, a work in progress 2. Bidderman – Under the Hammer 3. Round the Grounds with agents that know We ask the questions of Campbell Ward, Mike Gibson, Nicole Gleeson and Andrew Campbell 4. Off-Market update 5. Doctor Home – Doctors, Surgeons, Dentists and Anaesthetists, your time to shine! 6. Population, Tax and Tenancy for the Young Good home [...]
Values versus Pricing at the Highest End

Values versus Pricing at the Highest End

Week One: Value is not a number, it is a feeling. Price has no emotion, no conjecture, it’s factual. Price is not value and value is not price. I buy a number of family homes for people –  perhaps more than anybody else in Melbourne, perhaps not – and at some point in the client and buyer advocate discussion [...]
The Block Apology

The Block Apology

The Block Articles in excess of 15,300 reads The heartbroken buyer, who followed the rules, was the winning bidder only to be cheated out of it. Every Saturday Melbourne buyers ask, what more could they have done. Above the quote, above the reserve, highest bidder, followed the CAV and the auctioneer read out rules and they didn’t [...]
Are you serious Scott Cam – Are you serious CAV?

Are you serious Scott Cam – Are you serious CAV?

STOP PRESS 9.00PM SUNDAY NIGHT Congrats to Josh and Elyse, great win on The Block and well done to all the other contestants. I like watching The Block Grand Finale normally – but Are you serious Scott, CAV, Frank and Nicole? Was I watching a real show or Hollywood (where there are no rules)? If there are no rules, what [...]
Crucial Concepts Top End

Crucial Concepts Top End

1. Be Picky – Correct Assessment and Positioning is unforgiving and crucial We assess 30 to a 100 homes every week – we buy 2. Initial James Home Rating typical for an EOI – 23 Hill Street Toorak Click below to go to report  2. Its crucial to get the full offering 4 times more homes over $4,000,000 are bought outside the auction hammer [...]
Hard to believe we are knee deep into Early Spring!

Hard to believe we are knee deep into Early Spring!

G’day and welcome back to James Market News. Hope you all had a break from the Melbourne winter! My break was with my youngest daughter, Maddie, in the Top End at Fitzroy Crossing, Kakadu and Kooljaman, Cape Leveque. Aboriginal people know a lot more about land and its value than many of us “new migrants”. Hard to believe it’s been [...]
The Inner Melbourne Top End market is currently flattening a little, meaning it has dropped the turbo boosters it had a month ago. However it is still headed in an upward direction as evidenced by a strong Bidderman on the A and B graders.

The Inner Melbourne Top End market is currently flattening a little, meaning it has dropped the turbo boosters it had a month ago. However it is still headed in an upward direction as evidenced by a strong Bidderman on the A and B graders.

Let’s face a home truth – the elephant in the room – population

Let’s face a home truth – the elephant in the room – population

Ferocious bidding on the right homes – despite this being the largest auction start to a year in Melbourne auction history – the market lapped it up, spat out a few and said ”feed me, feed me, give me more.” At 6.00 pm the James Clearance Rate on Inner Melbourne Homes was close enough to 90% – yep [...]
Strong start in 2017? We think yes, despite some pass-ins.

Strong start in 2017? We think yes, despite some pass-ins.

Its 6.00 pm and the James Market News dials are back working this weekend, albeit on limited numbers. Bidderman was at 3 today (low sample), however we actually think that is reflective of the start we have seen on good homes. The James Clearance Rate was strong in the 80’s, even on the small sample of a [...]
Welcome to 2017 – Back on the hustings today

Welcome to 2017 – Back on the hustings today

Clockwise visits today – no substitute for foot leather, listening, looking and listening again. 1st Slide Clockwise from top left: Malvern East:$2.5m?  – little cutie – no, not the agent John Manton – the house. Good crowds at the OFI. Hawthorn: $4m? Off -Market or Pre-Market? – good family home. Crowds – Only one! Armadale: $4m? Nice one – listening [...]
How to buy a Top End home well – it’s different!

How to buy a Top End home well – it’s different!

INTRODUCTION If I told you buying a home at the Top End is more about trust than money, would you believe me? Maybe, maybe not. Well this is a story about 3 homes involving strategy, dealmaking and truths at the Top of the Top End. Towers Road, Toorak (Marcus Chiminello) Bought 2016: James Home Rating 942/1000 Kooyongkoot Road, Hawthorn (Ross Savas / Jeremy [...]
It’s going to be a white (hot) Christmas

It’s going to be a white (hot) Christmas

Welcome to our 2016 Bumper Christmas Edition. In this, our last article for 2016 – the key to good sex, nothing about that American bloke and a segment on how to get $70,000 for free every year. Plenty of positives, but apologies we don’t seem to have any fake news! And to the Inner Melbourne Market. Wow, what a finish [...]
July has been fairly busy away from the auctions!

July has been fairly busy away from the auctions!

Hello and welcome back to James Buyer Advocates Marketnews. A few auctions of note today on very small numbers as the market awakes from its traditional Winter auction slumber.  We have covered 19 in our reporting; Bidderman was 2.4 bidders per auction and the $M+ James Clearance rate was 74% – even though a small sample, we think it’s an [...]
The Elements, Sniffs and Senses are there – but the buyers Mmmmm.

The Elements, Sniffs and Senses are there – but the buyers Mmmmm.

The BIG question for the next two months before the July winter hiatus is………Price. Will seller expectations match buyer expectations? At auctions the answer appears to be a yes, but away from auctions (off markets) we are not so sure. In our opinion, most market inaction away from auctions is due to sellers. There is no doubt there are [...]

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